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MultiplexListed 296 days ago

$2,790,000

58 Queen St Street W, Springwater, ON L0L 1P0

Elmvale · Springwater · L0L 1P0

Listing brokerage: RE/MAX HALLMARK CHAY REALTY

Beds
10
Baths
9
Sq ft
5000 +
Parking
9

Monthly costs

Property taxes

$941/mo

$11,293 a year (2025)

The home

Lot size
65.6 × 166.5 ft
Style
2-Storey
Parking
9 spots
Faces
North
Age
51-99 years
Heating · cooling
Baseboard
Possession
FLEXIBLE

About this home

Excellent investment opportunity with over 10,000 Square Feet! Fully rented residential 8 plex with ground level 5400+ Square foot commercial retail warehouse space. Huge capital improvements done in the last 2 years. Including stucco/stone front facade, windows, doors, bathrooms, flooring, roofs, brand new asphalt parking lot, plumbing, exterior paint, storage units, covered porch entrance, new heat pumps in all upper apartments, new hot water heaters, new interior paint, and much more! Some units have newer kitchens and bathrooms. Rear truck level loading dock with elevator. Main floor tenant operates a reputable and successful Fireplace/HVAC business. All residential and commercial units fully occupied. Too many improvements to list. Turn key investment!

All details21 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing

Interior

Bedrooms
10
Bathrooms
9
Kitchens
8
Rooms
33
Size
5000 + sq ft

Features

  • Separate Hydro Meter
  • Water Heater Owned

Heating & Cooling

Heat source
Electric

Parking

Covered spaces
0

Features

  • Private

Exterior & Lot

Roof
Membrane
Foundation
Concrete
Exterior
Stucco (Plaster), Metal/Steel Siding

Other structures

  • Storage

Utilities

Sewer
Sewer

Taxes & Fees

HST
In Addition To

Listing

MLS® number
S12647072
Type
Multiplex
Transaction
For Sale
Neighbourhood
Elmvale
Cross streets
HWY 27 / QUEEN ST
Rooms · 9Washroom ×9
  • 8 × 4-piece washroom

    Second

  • 2-piece washroom

    Main

History

Past listings and sales for this home and building.

Location

58 Queen St Street W, Springwater, ON L0L 1P0 · Near HWY 27 / QUEEN ST

Monthly cost

Estimated monthly cost

$13,295/mo

Mortgage
$12,354
Property tax
$941
Down payment$558,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$616,532

$558,000 down + $58,532 to $59,782 in closing costs

Ontario land transfer tax
$56,225
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Property tax adjustment
$557

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$2,790,000

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